Natural Gas to Feel the Heat

With a 48 per cent decrease in construction of Alberta's Natural gas wells since 2006, Don Herring, President of the Canadian Association of Oilwell Drilling Contractors (CAODC) feels disappointed. Alberta's already "high cost" of natural gas production will continue to lower activity, especially when you consider that the royalty tax will be added on top of that, suggests Herring.

Tags: Royalty Review, Pie, Natural Gas, Don Herring, CAODC, Canadian Association of Oilwell Drilling Contractors, Alberta